Jonesboro Retail for Sale
Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a Burger King quick service restaurant. It is located on 615 Old Winnfield Rd (US 167), which is a primary south/north transportation corridor serving Jonesboro. This Burger King is subject to a Triple Net lease with 3 years remaining, with four (4) five-year option to extend and 2% annual rent increases, offering a passive, long-term income stream with built-in inflation protection. It is a well-established store that has operated at this location since 2000.
The subject property consists of a 3,600 SF QSR, situated on a 1.47-acre parcel of land with excellent visibility & access. The site includes ample parking and high-visibility signage. This Burger King is located a lot south of the signaled intersection of Old Winnfield Rd (US-167) & E Main St (US-4), benefiting from a combined traffic count of 17,000+ Vehicles Per Day. This BK sits in the town’s only retail cluster, just north of Jonesboro-Hodge Middle school.
The Burger King benefits from its proximity to residential growth in the area, including the Jonesboro Senior Village development in town, a 50-unit certified green retirement community that celebrated its grand opening in February 2024. DSLD Homes' Country Club Estates less than 20 miles away in Ruston is delivering about 350 single-family homes with new phases opening as of this year. Additionally, the $97 million WestRock paper mill expansion in neighboring Hodge, completed following a 2022 groundbreaking, retains over 450 jobs.
Burger King—a wholly owned subsidiary of Canada-based Restaurant Brands International Inc.—is one of the world’s largest quick service restaurant chains, with over 7,000 U.S. locations and 19,000 stores globally. Backed by a BB credit rating (S&P) and over $45 billion in annual system-wide sales, the brand offers institutional-grade investment security. This Burger King location is operated by GPS Hospitality which is one of the largest franchisees of BKs and Popeyes brands.
Broker of Record:
Steve Greer
10527 Kentshire Ct., Ste. B
Baton Rouge, LA 70810
P: (225) 376-6800
Lic #: BROK.995710346-ACT
